Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.
Upstart ‘Degenerate’ Crypto-Culture Publication Bets on Print
SALT LAKE CITY — Crypto's got a demographic problem: too many men. The scene's newest culture magazine wants to leverage that imbalance harder than a memecoin trader's credit line. Superbasedd, a month-old wannabe lifestyle rag with deep LA roots, is planning to stand up a print publication that appeals to the crypto space's baser instincts.
Thai Law Authorities Raid Illegal Bitcoin Mining Facility: Report
Thailand’s law authorities recently raided a house occupied by a company running Bitcoin mining operations. According to the South China Morning Post’s coverage, the illegally operated Bitcoin mining activities triggered frequent power outages in the vicinity for over a month. Illegal Bitcoin Mining Operations Bitcoin, the leading cryptocurrency, uses a proof-of-work (PoW) consensus mechanism. This
President Trump and New York governor propose shift to nuclear energy
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes.
BTC Currently Valued at Fair Market Price, Bitcoin Magazine Pro Data Shows
At the time of writing, Bitcoin is currently valued at $63,500, deemed a fair market price according to the Bitcoin Cycle Master chart and data from Bitcoin Magazine Pro. The Bitcoin Cycle Master chart integrates on-chain metrics, including Coin Value Days Destroyed and Terminal Price, to assess Bitcoin’s position within its economic cycles. Historically, these
It’s Time to Build a Sustainable Blockchain Ecosystem
Even in the midst of what many consider a bull run — Bitcoin up 126% and Ethereum up 53% year-over-year — retail investors are feeling a sense of stagnation in the token markets. Earlier in the year, memecoins stole the spotlight, but as the dust settles, it's clear that only a small fraction of investors
Ether ETFs Have Bled Money, but That’s Not the Whole Story
At first glance, spot ether ETFs appear to have bled money, but it's more complicated than that. BlackRock's ETHA was the seventh-most-successful ETF launch this year with over a billion dollars worth of inflows. Other ether funds have seen brisk demand as well. Grayscale's ETHE product lost billions, offsetting the overall success of the funds.
PayPal's PYUSD stablecoin hits $1B market cap
PYUSD competes with rivals such as Circle’s USDC and Tether's USDT.
Bitcoin Leads with $543M in Inflows Amid Powell’s Jackson Hole Comments
Digital asset investment products attracted $533 million in inflows last week, the biggest in over a month, following Jerome Powell’s hint at the Jackson Hole Symposium that an interest rate cut might occur in September. While trading volumes were lower than in recent weeks, these products still totaled $9 billion for the past seven days.
U.S. SEC Settles with Abra Over Unregistered Sales of Securities
Crypto platform Abra is the latest to agree to a settlement with the Securities and Exchange Commission over accusations of unregistered securities. The settlement focused on its Abra Earn product, which the agency said had amassed as much as $500 million at one point. Abra has agreed to a settlement with the U.S. Securities and